Posts Tagged
gold futures
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Gold Comes Back to Life as Prices Exceed 200-Day Moving Average
©2015 Bloomberg News NW8EEE6KLVRO (Bloomberg) — Gold is starting to shed its reputation as a dead asset, and bulls can thank signs that the U.S. economy is starting to sputter for the boost. The metal climbed above its 200-day moving average on Wednesday for the first time in about five
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Dollar Falters as U.S. Stocks Hold at Seven-Week High, Oil Sinks
©2015 Bloomberg News NW4Q0Q6JTSES (Bloomberg) — The dollar traded at a three-week low even after Federal Reserve officials continued to back the case for higher interest rates this year, spurring gains in emerging- market assets. U.S. stocks held at their highest level in seven weeks in light holiday trading. The greenback